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Crypto trends DeFi NFT & More Owner : @Azukicollector
After soaring in popularity in late 2021, the monthly trade volume for the top P2E tokens has fallen nearly 99% to just $3B in June 2023 — link
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Uniswap gets deployed on Coinbase's Layer 2 network Base — link
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Yue Minjun to Release Laughing Head NFTs
Chinese political pop artist Yue Minjun will bring his trademark laughing figures to the digital realm for the first time with the collection Kingdom of the Laughing Man. 'I've explored numerous media with my art over the years,' Yue said in a statement. 'This new digital frontier excites me the most as I can bring my art to life in a way that I haven't been able to with physical media.' . Alongside Fang Lijun and Liu Wei, both of whom have previously produced NFTs of their own.
The Kingdom of the Laughing Man collection will launch with 'Boundless', a series of 1,200 unique NFTs in the PFP (Profile Picture) format made popular by Cryptopunks and the Bored Ape Yacht Club.The first drop from Yue's collection will take place on 8 August on the LiveArt platform.
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Curve's 3pool and Uniswap V3’s main USDT-USDC pool both became imbalanced heading into the weekend as USDT selling escalated. However, this trend actually started in mid-July, with $100mn net selling on Uniswap from July 15 to July 22.
While the net selling eased in the last few weeks of July, it picked up again on July 31, the day after the Curve exploit (these two events seem to be unrelated).
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🖼 BEET VAN SWIM Announces His First NFT Collection, Challenging Modern Art Consumption Behaviors
BEET VAN SWIM, an artist based in Ibaraki Prefecture, Japan, has announced his first NFT collection, "DIGITAL FINE ART," on the NFT marketplace Foundation. The collection features 10 conceptual paintings, each showcasing a unique artistic identity. The floor price of the collection is set at 2.24 ETH (approximately $1,800 USD at current rates). To purchase these limited NFTs, virtual currency wallets, such as MetaMask, need to be connected to the Foundation marketplace. Born in 1962, BEET VAN SWIM is an art creator based in Ibaraki Prefecture, Japan. His creative journey began at the age of 20, and he studied painting techniques at the School of Fine Arts in New York from 1994 to 1996. While BEET VAN SWIM has been actively involved in analog painting throughout his long artistic career, he embarked on digital artwork creation around 2020. Through the "DIGITAL FINE ART" collection, BEET VAN SWIM has skillfully merged his scrupulous painting techniques, developed over almost four decades, with digital technology to establish a distinctive and avant-garde artistic style. BEET VAN SWIM interprets this collection as a means to challenge a sense of loss towards contemporary consumer behaviors, dominated by the digital technology.
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Exciting news awaits this month as the Doodles x Crocs collaboration is set to launch.
With the anticipated arrival of August 2023, this unique collection will introduce shoes, wearables, and jibbitz.
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Curve recoups 73% of hacked funds, bolstering CRV sentiment — link
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🖼 Yue Minjun to Release Laughing Head NFTs
Chinese political pop artist Yue Minjun will bring his trademark laughing figures to the digital realm for the first time with the collection Kingdom of the Laughing Man. 'I've explored numerous media with my art over the years,' Yue said in a statement. 'This new digital frontier excites me the most as I can bring my art to life in a way that I haven't been able to with physical media.' . Alongside Fang Lijun and Liu Wei, both of whom have previously produced NFTs of their own. The Kingdom of the Laughing Man collection will launch with 'Boundless', a series of 1,200 unique NFTs in the PFP (Profile Picture) format made popular by Cryptopunks and the Bored Ape Yacht Club. Presented in collaboration with Los Angeles based iv gallery, the first drop from Yue's collection will take place on 8 August on the LiveArt platform. Prices for art-related NFTs peaked in 2021, and total sales fell from $2.9 billion in 2021 to $1.5 billion in 2022 according to The Art Market Report 2023. Museums including LACMA and Centre Pompidou acquired NFTs in 2023, while American sculptor Maya Lin minted her first NFT works in March.
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🖼 Google Play's new policy invites NFT integration into apps
Google Play made a groundbreaking policy change recently, giving developers the green light to incorporate digital assets, including Non-Fungible Tokens (NFTs), into their apps and games. The announcement marks a significant step towards embracing blockchain technology and opens up new possibilities for the web3 gaming ecosystem. On July 12, Google Play's Group Support Manager Joseph Mills announced the policy change, which comes as a paradigm shift for traditional gamers. The integration of NFT-backed assets allows players to truly own their in-game items, providing them with the power to monetise their gaming skills and time through play-to-earn models. “These new guidelines were developed in close consultation with app and game developers,” Mills said. Shubham Gupta, co-founder and CPO at Indian web3 fan engagement platform STAN, highlights the benefits of P2E gaming models that Google Play would now help democratise. “Investing time and energy in a game is now rewarding with the play to earn gaming models, which allows users to earn a sustainable income through gaming directly, and also indirectly through content creation, flipping assets and investing right.”
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Worldcoin’s Orb had serious security vulnerability in operator onboarding: CertiK — link
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DYdX evaluates transitioning token to native asset of upcoming Layer 1 chain on Cosmos — link
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Looter behind $61m Curve hack starts returning assets, raising hope for recovery — link
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Apple has given the app formerly known as Twitter special permission to have a one-letter name on the App Store.
The transformation into X is now complete — and the push towards becoming the “everything app” is now accelerating.
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Curve offers hackers 10% bounty in exchange for return of crypto — link
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The Sandbox implements KYC measures for protocol staking — link
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Brevan Howard backs crypto infrastructure startup Puffer in $5.5m round — link
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1kx leads $5 million seed round for generative art NFT platform fxhash — link
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Solana-based Cypher protocol experiences exploit, freezes smart contract — link
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Japan blockchain startup seeks to build Asian digital payment network — link | archive
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Mantle introduces new governing body for treasury management — link
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The ratio of trading volume on decentralized exchanges (DEXs) vs. centralized exchanges (CEXs) is at an all-time high following the Curve exploit — link
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MakerDAO's Spark offers 8% yield on DAI, blocks VPN use on front end — link
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Tinder is in the advanced stages of trialing an AI-driven feature that peruses users' photo collections to pick five ideal images for their dating profiles. This was unveiled by the parent firm, Match Group, in their latest earnings discourse.
Bernard Kim, Match Group's Chief Executive, pointed out a common dilemma for new Tinder users: the challenge of choosing the perfect pictures that truthfully reflect their essence on the dating platform. This AI-enhanced photo selection is designed to alleviate this very pressure, ensuring profiles are a genuine mirror of the user.
Tinder’s Chief Product Officer, Mark Van Ryswyk, alluded to future integrations of generative AI. This could encompass assistance in crafting compelling bios.
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Starbucks Embarks on a New NFT Journey with 'Green Apron' Drop
Starbucks is set to launch its latest non-fungible token (NFT) collection, named "Green Apron." As per reports, this digital collection pays homage to the evolution of Starbucks' iconic apron, from its original Pike Place design to the now-familiar Siren apron. The series also serves as a tribute to the dedicated employees who have served for over 50 years. The collection will launch on August 1, 2023, on the Nifty Gateway NFT marketplace.
The upcoming "Green Apron" NFT drop marks Starbucks' fifth venture within its Web3 program, Starbucks Odyssey. Each drop in this series holds a distinctive element that embodies the essence of Starbucks. Starbucks has already experienced success with previous NFT collections. "The Siren Collection" was a hit, featuring the iconic siren emblem, and sold out within an astonishing 20 minutes.
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🖼 Gaming Giant Bandai Namco Launches AI Virtual Pet NFT Game
Major video game creator Bandai Namco has teamed up with Oasys, a gaming-centric blockchain network, to create an AI-powered virtual pet game around a series of NFT-based digital creatures known as RYU. Developed by Bandai Namco Research alongside Japanese startup Attructure, and published by Double Jump.Tokyo, the RYUZO game launched Wednesday. In advance of the release, 10,000 digital NFT eggs (or MARYU) were airdropped to holders of Oasys’ first series of NFTs in the “Oasyx” project. Upon hatching, the RYU will then transform into a soulbound token, a type of token that is locked to its original wallet and cannot be transferred or sold. Similar in approach to the classic Tamagotchi virtual pet game, the RYU will develop a personality and unlock different abilities based on user engagement. It can be fed and raced, too. According to Oasys, the creatures learn new capabilities thanks to artificial intelligence, delivering a potentially more advanced virtual pet experience than past efforts. Players will also be able to create further generations of MARYU within the application. As it stands, the nurturing phase of the game experience is scheduled to end in a year's time, but the creatures will remain active beyond that.
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Smart contracts on layer 2 (L2) blockchains like Optimism, Arbitrum, and sidechains like Polygon grew 1106% Y/Y compared to Q2 2022, and saw a 302% increase Q/Q compared to Q1 2023 — link
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Trader Joe debuts on Ethereum, JOE jumps 3% — link
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Michael Egorov has sold a total of 106 million CRV for $42 million — link
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By examining the distribution of Uniswap trade volume across different Layer 2s, we can see that an appreciable portion of trading has shifted from Ethereum to Arbitrum, attracting up to 32% of volume in March. The trend has remained elevated in June and July, which may explain the lower volume on Ethereum — link
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Curve Finance founder Michael Egorov has so far sold 72 million CRV tokens in OTC deals — link
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